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AMD joins trillion-dollar club via AI
AMD has become the first chipmaker to surpass a trillion-dollar market value, driven by growth in the artificial intelligence sector. The company's shares rose by 9% to $610, reaching an all-time high of $613.92, reflecting investors' increasing expectations of its role in advancing AI technologies. It is the fourth American company to achieve this milestone after Nvidia, Qualcomm, and Micron.
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